#bullish The more I look into TermMax, the more I’m starting to understand why fixed-rate DeFi can be useful 👀
In DeFi, I usually find myself checking the APY first. But the problem is that a high rate today doesn’t necessarily mean much tomorrow.
That’s where TermMax caught my attention. With fixed-rate borrowing, the rate is known upfront, so there’s less guessing about how the cost might change later.
I also like the idea of simplifying leverage instead of making users go through several different steps just to build a position.
But I think the bigger question is still risk. A fixed rate sounds great, but how does the system perform when the market gets really volatile?
That’s probably what I’ll be watching most closely with TermMax.
Would you choose predictable rates over a higher but constantly changing APY? 👀
